Published 12:16 IST, September 27th 2024
GST Council sets up panel on compensation cess
In the GST regime, compensation cess at varied rates is levied on luxury, sin and demerit goods over and above the 28 per cent tax.
Currently, goods and services tax (GST) is a four-tier tax structure with slabs at 5, 12, 18, and 28 per cent. | Image:
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12:16 IST, September 27th 2024